Skynesher | E+ | Getty Images A growing share of car buyers are signing up for monthly loan payments of $1,000 or more amid rising interest rates and elevated auto prices, new research shows. Overall, 14.3% of consumers who financed a new vehicle in the third quarter committed to payments at or above that amount,… Continue reading More car buyers pay at least $1,000 a month for their loans as high prices, rate hikes throw ‘a one-two punch’
Category: US Motoring Press
Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 billion EV plant to the southern state. Brian Cassella | Tribune News Service | Getty Images Electric vehicle startup… Continue reading Rivian needs to sharply ramp up EV production to meet 2022 targets — Wall Street is betting it can
Payne: S-class smackdown — Mercedes EQS EV vs. GLS SUV
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: S-class smackdown — Mercedes EQS EV vs. GLS SUV
Cobalt production in the US stopped three decades ago. Now it’s starting back up
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Cobalt production in the US stopped three decades ago. Now it’s starting back up
GM Defense selected to develop battery prototype for military use
GM Defense, a subsidiary of General Motors Co., has been selected by the Pentagon’s Defense Innovation Unit to develop a battery pack prototype for testing and analysis on Department of Defense platforms, the company said Thursday. DIU is focused on accelerating the adoption of commercial technology for the U.S. military. GM Defense will use GM’s… Continue reading GM Defense selected to develop battery prototype for military use
Truck wars: GMC Sierra HD family gets beefier, techier, sexier
In the heavy duty pickup truck arms race, GMC has rolled out its latest weapon: the 2024 Sierra HD. Surfing trends in these high-tech, high-performance times, the Sierra HD not only offers a raft of best-in-class claims but also sets a new bar for luxury. The mega-truck throws down the gauntlet on best-in-class towing, screen… Continue reading Truck wars: GMC Sierra HD family gets beefier, techier, sexier
Hyundai Elantra N vs. Volkswagen Golf GTI: Which hot compact should you buy?
This content is only available to subscribers. Get unlimited digital access. $1 for 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Hyundai Elantra N vs. Volkswagen Golf GTI: Which hot compact should you buy?
Foxtron Model B is US-built EV hatchback to rival Tesla Model Y
Foxtron, the automotive division of Taiwanese electronics giant Foxconn, has previewed a new electric hatchback called the Model B ahead of a full unveiling on 18 October. Styled by Pininfarina, the Volkswagen ID 3-sized Model B is the third electric passenger car to be revealed by Foxtron, following the Model C and Model E unveiled in 2021. Founded in… Continue reading Foxtron Model B is US-built EV hatchback to rival Tesla Model Y
New 2023 Honda Prologue is first EV from GM partnership
Honda has revealed the exterior design of the Honda Prologue electric SUV, the first model to come from its joint venture with American giant General Motors. The Prologue will go on sale in 2024 in North America, sharing GM’s Ultium platform with the Cadillac Lyriq, Chevrolet Blazer and GMC Hummer. Honda’s Los Angeles-based design team focused on a… Continue reading New 2023 Honda Prologue is first EV from GM partnership
Limited-run Alpine A110 R Fernando Alonso pays tribute to F1 legend
Despite his somewhat unceremonious exit from its Formula 1 team, Alpine is paying tribute to Fernando Alonso with a limited-run version of the hardcore A110 R. Aptly named the Alpine A110 R Fernando Alonso, the new model benefits from a unique paint scheme, interior trims and a suspension setup signed off by the two-time F1… Continue reading Limited-run Alpine A110 R Fernando Alonso pays tribute to F1 legend